May 15, 2024
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3min
DFCC Bank recently unveiled its Annual Report 2023, spotlighting the Bank’s remarkable achievements against a backdrop of formidable challenges and exciting opportunities. Overcoming a challenging and dynamic economic environment, DFCC Bank emerged, posting a record-breaking financial year. These achievements were complemented and supported by the Bank’s many sustainable initiatives in its drive to achieve carbon […]

February 13, 2024
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3min
People’s Leasing & Finance PLC (PLC), a leading non-banking financial services provider in Sri Lanka, reported robust financial performance for the third quarter of fiscal year 2023/24, indicating positive growth and stability amidst a competitive marketing environment. Profit After Tax (PAT) reached Rs. 2,141 million for the 9-month period, with Q3 of FY 2023/24 contributing […]

May 29, 2023
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5min
  Colombo, 29th May 2023 – First Capital Holdings PLC (the Group), a member of the Janashakthi Group, announces its impressive financial results, and a remarkable turnaround from the previous year, marking the year ended 31st March 2023 its most successful in its 40-year history. The Group’s financial results exhibit an impressive feat, with a […]

November 28, 2022
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5min
        • Annual Recurring Revenue increases by 38% YoY • Cloud Revenue grows at 104% Vs. 2021 Q3 YTD • Third consecutive high performance quarter cements IFS leadership in core capabilities Colombo, 28th November 2022: IFS, the global cloud enterprise software company, today reported its financial results for Q3 year-to-date (YTD) ending […]

June 2, 2022
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9min
        Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported its financial performance for the fourth quarter ending 31st March 2022, with a turnover of Rs. 16,158 million reflecting a year-on-year growth of 31%, compared to Rs. 12,373 million during the same period last year. Despite turnover growth, Tokyo Cement’s sales volumes […]

February 10, 2022
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7min
          Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported its financial performance for the third quarter ending 31st December 2021, with a turnover of Rs. 13,771 million reflecting a Year-on-Year growth of 20%, compared to Rs. 11,456 million during the same period last year. Despite a turnover growth, Tokyo Cement’s […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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